N. Macedonia Inflation Rate Accelerates in Oct

Figures

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The annual inflation rate in North Macedonia continued to climb to reach a new peak of 19.8% in October, from 18.7% in the prior month, the Skopje-based State Statistical Office (Makstat) said in a statement on Monday.

There was a generalized acceleration in prices of goods and services, primarily for food & non-alcoholic beverages by 31.2%; housing & utilities by 19.8%, and miscellaneous goods & services by 13.3%.

In addition, transport cost went up by 14.7% and prices for restaurants and hotels added 22.3%. On a monthly comparison basis, consumer prices rose 1.4% in October, after picking up 1.6% in September. 

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